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Epiris to acquire Sharps from Sun European Partners for £150m.

Synopsis

Epiris, an independent private equity manager, agreed to acquire Sharps, a supplier of fitted bedroom furniture, from Sun European Partners, a private investment advisory firm, for £150m (c.$198m). “Sharps is the leader in a market which offers strong long-term growth prospects beyond the boom it is currently enjoying. We are all delighted to be partnering with Kevin and his team to build on the company’s clear and proven strengths in selling bespoke products direct to consumers," Bill Priestley, Epiris Chief Investment Partner.

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